Rathi Steel And Power Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2021
February 14, 2022 at 07:14 am EST
Rathi Steel And Power Limited reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was INR 1,673.85 million compared to INR 1,742.61 million a year ago. Revenue was INR 1,779.5 million compared to INR 1,854.58 million a year ago. Net income was INR 8.87 million compared to INR 68.79 million a year ago. Basic earnings per share from continuing operations was INR 0.28 compared to INR 2.2 a year ago. Diluted earnings per share from continuing operations was INR 0.28 compared to INR 2.2 a year ago.
For the nine months, sales was INR 4,122.67 million compared to INR 2,353.44 million a year ago. Revenue was INR 4,465.59 million compared to INR 2,621.02 million a year ago. Net loss was INR 5.5 million compared to INR 44.09 million a year ago. Basic loss per share from continuing operations was INR 0.18 compared to INR 1.41 a year ago. Diluted loss per share from continuing operations was INR 0.18 compared to INR 1.41 a year ago.